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Segment, Other Supplemental Information and Concentrations
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment, Other Supplemental Information and Concentrations Segment, Other Supplemental Information and Concentrations
Teradata manages its business under three geographic regions, which are also the Company’s operating segments: (1) Americas region (North America and Latin America); (2) EMEA region (Europe, Middle East and Africa) and (3) APJ region (Asia Pacific and Japan). For purposes of discussing results by segment, management excludes the impact of certain items, consistent with the manner by which management evaluates the performance of each segment. This format is useful to investors because it allows analysis and comparability of operating trends. It also includes the same information that is used by Teradata management to make decisions regarding the segments and to assess financial performance. The chief operating decision maker, who is our President and Chief Executive Officer, evaluates the performance of the segments based on revenue and multiple profit measures, including segment gross profit. For management reporting purposes assets are not allocated to the segments.
The following table presents segment revenue and segment gross profit for the Company for the years ended December 31: 
In millions202220212020
Segment revenue
Americas $1,038 $1,044 $1,025 
EMEA465 543 485 
APJ292 330 326 
Total revenue1,795 1,917 1,836 
Segment gross profit
Americas 643 690 631 
EMEA285 337 273 
APJ177 188 168 
Total segment gross profit1,105 1,215 1,072 
Stock-based compensation expense16 18 16 
Acquisition, integration and reorganization-related costs11 14 
Amortization of capitalized software costs— — 23 
Total gross profit1,081 1,186 1,019 
Selling, general and administrative expenses650 646 669 
Research and development expenses313 309 334 
Total income from operations$118 $231 $16 
Certain items, including amortization of certain capitalized software costs, were excluded from segment gross profit to conform to the way the Company manages and reviews the results by segment.
The following table presents revenues by geographic area for the years ended December 31: 
In millions202220212020
United States$914 $922 $921 
Americas (excluding United States)124 122 104 
EMEA465 543 485 
APJ292 330 326 
Total revenue$1,795 $1,917 $1,836 
The following table presents property and equipment, net by geographic area at December 31: 
In millions20222021
United States$172 $210 
Americas (excluding United States)15 14 
EMEA37 36 
APJ20 28 
Property and equipment, net$244 $288 
Concentrations. No single customer accounts for more than 10% of the Company's revenue for any period presented. As of December 31, 2022, the Company is not aware of any significant concentration of business transacted with a particular customer that could, if suddenly eliminated, have a material adverse effect on the Company’s operations. The Company's hardware components are assembled exclusively by Flex. In addition, the Company utilizes preferred supplier relationships to better ensure more consistent quality, cost, and delivery. There can be no assurances that a disruption in production at Flex or at a supplier would not have a material adverse effect on the Company's operations. In addition, a significant change in the forecasts to any of these preferred suppliers could result in purchase obligations or components that may be in excess of demand.